£434,501
This estimated value is based upon the latest sale price for the house of £350,000 on 31 Oct 2018. This value is then adjusted by the current Official House Price Index for MEDWAY 1
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| Price Paid | Date |
|---|---|
| £350,000 | 31 Oct 2018 |
| £185,000 | 12 Sep 2003 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 sq feet |
This model uses changes in the Official Land Registry House Price Index for MEDWAY to estimate the market value.
When this house was purchased in October 2018 the House Price Index for MEDWAY was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £350,000 results in an estimated price of approximately £434,501.
| 31 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £350,000 | £84,501 | £434,501 |
The Postcode Pricing Model uses changes in average sales price within the ME5 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 31.375 % | £109,814 | £459,814 |
| 3 Month Average | 12.190 % | £42,665 | £392,665 |
| 6 Month Average | 13.444 % | £47,054 | £397,054 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Mar 2024 | £264,057 | £260,000 | 24 ABINGER DRIVE |
| 23 Nov 2023 | £377,072 | £367,500 | 37 AINTREE ROAD |
| 23 Nov 2023 | £463,772 | £452,000 | 27 KEMPTON CLOSE |
| 20 Sep 2023 | £444,805 | £435,000 | 29 KEMPTON CLOSE |
| 31 Aug 2023 | £290,235 | £285,000 | 51 ABINGER DRIVE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 18 Jul 2018. Using an estimated price of £434,501 means this house is valued at £4,672 per sq meter (£434 per sq foot).
The average size of a house on CATTERICK ROAD is 121 sq meters (1,310 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Catterick Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Catterick Road |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Catterick Road |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Aintree Road |
| Apr 2024 | Other crime | Further action is not in the public interest | On or near Aintree Road |